Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

gigaba2Business Report writes that labour federation Cosatu has expressed its disappointment with Finance Minister Malusi Gigaba’s Medium-Term Budget Policy Statement (MTBPS), saying the mini-budget revealed a “leadership crisis and dearth of ideas in government”.  

“It is now patently clear that the nation is in the midst of its worst governance and economic crisis since 1994.  The MTBPS said nothing, proposed nothing and offered no hope to millions who are poor and unemployed,” lamented Cosatu spokesperson Sizwe Pamla.  He went on to say that Cosatu had hoped against all hope that the ANC-run government would listen to workers, civil society and the public and act decisively to rally social partners behind a common programme.  Another labour federation, Fedusa, said it was “gravely concerned” that the consolidated budget deficit would widen to 4.3% of GDP in 2017/18.  It pointed out that the country was faced with the “biggest tax collection shortfall since 2009”, of R50.8bn, and a “slew of negative numbers from unemployment at its highest in 14 years, increasing levels of poverty affecting millions of South Africans and economic growth that had to be cut down to 0.7% for 2017”.


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